IBIT Covered Calls: Premium Income for iShares Bitcoin Trust

The iShares Bitcoin Trust holds actual Bitcoin. Spot Bitcoin volatility creates extreme covered call premiums for investors who already own the ETF.

What IBIT shares could pay in covered call premium

The iShares Bitcoin Trust holds actual Bitcoin. Spot Bitcoin volatility creates extreme covered call premiums for investors who already own the ETF.

Covered Call Pro ranks live IBIT call options by premium-per-day — strike, expiry, premium, and annualized yield — with illiquid chains filtered out. Run the live screener to see today's numbers.

IBIT covered call FAQ

How much premium does a IBIT covered call pay?

Premiums change daily with iShares Bitcoin Trust's stock price and implied volatility. The Covered Call Pro screener ranks live IBIT strikes by premium-per-day so you can see exactly what your shares could pay right now.

Do I need 100 shares of IBIT to sell a covered call?

Yes. One options contract covers 100 shares, so selling one covered call on IBIT requires owning at least 100 shares. If you own fewer, the position would not be "covered."

What is the risk of selling covered calls on IBIT?

The main trade-off is capped upside: if iShares Bitcoin Trust rises above your strike price by expiration, your shares can be called away at the strike. You keep the premium either way, but you give up gains beyond the strike. You also keep full downside exposure to the stock itself. This page is educational information, not investment advice.

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Educational information only — not investment advice. Options involve risk, including capped upside and full downside exposure to the underlying stock.